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  2. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Types of first-time homebuyer programs. Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. Down payment assistance (DPA) programs: Loans, grants and ...

  3. Biden administration awards $85 million to ease affordable ...

    www.aol.com/news/biden-administration-awards-85...

    Harris and Yellen also this week called on Congress to pass Biden's proposed $10,000 tax credit for first-time home buyers and a $25,000 equity grant for first-generation home buyers in ...

  4. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis. It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 ...

  5. Homeowners Affordability and Stability Plan - Wikipedia

    en.wikipedia.org/wiki/Homeowners_Affordability...

    The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages.

  6. Low-Income Home Energy Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Home_Energy...

    The Low Income Home Energy Assistance Program ( LIHEAP, pronounced "lie" "heap") is a United States federal social services program first established in 1981 and funded annually through Congressional appropriations. The mission of LIHEAP is to assist low income households, particularly those with the lowest incomes that pay a high proportion of ...

  7. How much should a house down payment be? - AOL

    www.aol.com/finance/much-house-down-payment...

    0%. It's important to note that the 3% minimum down payment for conventional loans is mainly for first-time homebuyers. If you've owned a home in the past three years, the minimum is generally 5% ...

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